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Virgin Money partners with the Global Cyber Alliance

SMEs in the UK will have better access to a range of free tools and resources to help them stay safe online thanks to a new partnership between Virgin Money and the Global Cyber Alliance (GCA). Cyber security is a...

B2B payments platform Sprinque raises โ‚ฌ6m for Europe expansion

European B2B payments platform Sprinque has raised a โ‚ฌ6 million seed funding round led by Connect Ventures, with participation from Kraken Ventures, Inference Partners, and SeedX. Existing investors Antler, Volta Ventures, and Force Over Mass also contributed to the...

No Alteration In The Benchmark Interest Rate In Malaysia

In an unexpected move on January 19, Malaysia's central bank left its benchmark interest rate unchanged, expressing concerns about the country's economy following four straight rate increases in 2017. The overnight policy rate was determined by Bank Negara Malaysia at...

Healthcare Sector And The 2022 Bankruptcies It Is Hit With

With a COVID hangover, there is a lot that healthcare companies are currently going through because of the high cost of labour as well as staffing and supply dearth, as per one of the reports. Besides this, companies are...

African Fintechs Will Continue Thriving In 2023 Despite Odds

The fintech sector accounted for more than 25% of all venture capital rounds over the past few years, with South Africa joining other regional giants like Egypt, Nigeria, and Kenya in this regard. Seven of Africa's nine famous digital unicorns...

US Bank Industry Groups Denounce Fintech Proposal By SBA

The Small Business Administration's flagship loan programme is receiving strong opposition from bank trade groups in the US, which claim that allowing fintechโ€™s to join would compromise the program's credibility and hurt borrowers. The new SBA proposal would permit fintechโ€™s...

Indian Government Gets Bids For IDBI Bank Majority Share

An official tweeted on January 7 that the Indian government has received several offers for a majority stake in IDBI Bank after the window for expressions of interest had passed earlier in the day. Along with the state-owned Life...

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